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PRINCE2: An Introduction To The Project Management Methodology
PRINCE2: An Introduction To The Project Management Methodology
PRINCE2: An Introduction To The Project Management Methodology
Project Management
Methodology
By William Malsam | Dec 6, 2018
There’s never just one way to accomplish this mission, and thus
there is never just one methodology for project managers to
use.
What Is PRINCE2?
PRINCE2 is an acronym for Projects IN Controlled Environments.
It’s a process-based method for managing a project. As noted,
it’s been mostly used by the government in the United Kingdom,
but it’s also prevalent in the private sector in the United
Kingdom and other places around the world.
History of PRINCE2
PRINCE2 Roles
Roles in the PRINCE2 methodology are clearly defined. The
project manager is the one who is responsible for the
organization and in control of the project and its processes. They
select the team who will execute the project and oversee their
work to make sure it’s done properly and on time by following a
plan.
There is also a customer, user or supplier involved in the project.
This is the person or organization that is paying for the project.
They will use the product of the project or be impacted
somehow by its outcome. Sometimes the customer is the user,
while the supplier is the party who offers expertise to get the
project completed successfully. They, like the project team,
need organizing to make sure the project meets requirements.
4. Control Stages
There are two parts to this process: firstly, the project manager
provides the project board with an overview of performance,
updates the project plan and business case, and creates a plan
for the next stage. Secondly, the information provided by the
project manager will help the project board review the current
stage, approve the next and review the updated plan.
This process is about making sure the project achieved its goals
and objectives by the deadline. Sometimes project managers
prepare the planned closure and the premature closure, but
that’s not required.
PRINCE2 Certification
PRINCE2 has a course of study that leads to a certification in the
methodology. The course requires the user to take the training
with an accredited training organization and then pass an exam.
It can be done in person or online.
Prices for the certification course and exam range from $550 to
around $1,000 USD, depending on which level and certified
training organization you choose.
Therefore, research both and see which is the best fit for you;
consider the work you do and the region in which you do it.
Some industries prefer one certification over the other. PRINCE2
is more used in the United Kingdom, Europe and Australia, while
PMP is used more in the United States, Canada and the Middle
East.